Member Info for LongTrek

Ok i underestimated it, but that was bear minimum $70-$80 per tonne which was on the RNS, i know it will be a lot higher,
even at base levels thats a lot of income per month,
and thats just the tip of the iceberg, good times coming here i think.

My guess is they probably wanted finance just to tie them over short term, (until mass production starts)
reading through their rns, sales should begin around year end, margins at
base level are about $70-$80 a tonne, so at 10,000 tonnes per month thats
a whopping income of around $700,000.00 per month, just for coking coal,
then theres thermal coal which should bring in another $700,000.00 per month.
so all the signs are looking very good for Contango, lets see if they can deliver.
Good luck All.

The resources we have here are mega sized im very pleased to say, from Sable mining to what is now Contango i never wouldve thought this could happen, i honestly thought id lost my investment with Sable, but it goes to show, things can change for the better is some cases.
I really do think this could be a multi-bagger, sooner rather than later.

In my opinion, Contango wont need a fund raise, the numbers here seem to stack up nicely for investors.
Thermal coal prices have tripled over the last year from $125.00 per tonne to $450.00 per tonne, due to the closure of thermal coal mines & the current global energy crisis.
Lubu contains at least 1 billion tons of coal.
The company will look to export at least 10.000 t of coking coal & 10.000 t of thermal coal per month,
and it could initially generate
an additional $10 Million of earnings per year.
So thats a good reason i wont be selling my holding thats for sure.
This company is finally going places.

Well as it dips it gives us more buying opportunities,
im defintely keeping hold of my shares, as i do believe
this is going places.
Wont be too long.

Im surprised it hasnt dropped to .0025 yet,
im sure its not too far away.

Ntog does have cashflow, but the problem is its flowing the wrong way,
out of the company instead of inwards.
I still predict itll drop to .0025 very very shortly.
And thats a real pity for those of us invested here..

I agree that itll probably slide down to .0025 by the end of this week.
The big sell off continues..

Not much to ramp here.
This will slide down to .0030 by friday.
All sells no buys, no confidence in this share,
& probably wont be for a long time.

Someone needs to pay theyre salaries, & unfortunately its us.
oink oink oink, woof woof

This will drop to .30 by the end of the week i think.
Pumping water out of those wells wont lift the share price.

Tunisia's still there, but just no prospects.
This sp should be dropping to .30 next week i think.

So it looks like this is the final nail in Avanti's coffin.
No doubt Im on of many who feel like weve been scammed by this outfit.

Wth WTI at around $102 a barrel this is looking a little more attractive,
the sweet thing about it is NTOG have a 100% working interest in this &
if flow rates are successful then share price ought to climb up to
70-80s in short time, all depends how the markets react to good news,
with NTOG it always seems to be a long hard slog, but things are looking
better now than before.

After being supressed for so long this share finally seems to be going in the right direction.
The key here is "without further dilution" if that is to be believed then all will be well and good
especially for us long term holders,
This used to be over 6p. a share, so who knows where this will go if flow rates are successful.

Theyll do another placing because its highly likely they could do with some more of our hard earned money,
Where has it all gone over these years,? more placings equals more cash for them.
Wouldnt be so bad if the sp moved on an upward trajectory, but frustratingly as usual share price always gets supressed. but anyway GLA.

Yes NTOG makes money for themselves, but us long suffering investors dont see any of it,
Im sure everyone on this board wants it to multibag, but lets face it, weve been
here so many times before havent we.
at $91.90 a barrel and with the appointment of Paul Welch then you have to ask yourself,
why havent the markets reacted to this "good news"? is it because of NTOGs historical performance & constant coffetti placings?
well I do hope 2022 is the year of change, we certainly need it here.

Well it makes a nice change to look at a sea of blue today.
Ive not been very optimistic about NTOG, (with good reason)
but you never know, things are looking a little brighter and what with tensions between Russia & the west
it could push crude oil prices up further, which will help the oilies out.

Looks like hes disappeared off this board.
Mustve multi bagged himself £20-£30 so thats him sorted then.
GLA all holders!

Muppet, (no shares available ha ha ha,) if you cant buy any shares from your broker then just wait and see,
thisll be diluted to kingdom come again as per usual.
but keep pumping away, im itching to get out of this on a spike.